A solidarity pact could allow Europe’s largest consumers of natural gas to bail each other out if an extreme cold snap were to create shortages this winter.

The project will increase the efficiency and the resiliency of the supply chain in the region for the construction and manufacturing sectors.

As the region pivots away from Russian supplies amid the Kremlin’s war in Ukraine, more terminals are needed. 

The three ports and C40 Cities will work closely with other stakeholders in the maritime and energy value chains to accelerate the deployment of low- and zero-carbon emission solutions.

The expansion is one reason there is a rush to add LNG tankers to capacity-strained shipping markets.

Germany's foreign minister said it showed what the international community could achieve if it refused to be blackmailed by Russia.

Regulators have said Freeport needs to take a series of corrective actions that must be approved before a restart can happen.

Russia halted its backing for the deal on October 29, accusing Ukraine of using a safety corridor to attack its fleet.

The dispute is over who is responsible for connecting moored vessels to shore-based electricity while docked, in a process known as “cold ironing.”

About 1.1 million tons of high-sulfur fuel oil were being stored on vessels near Singapore and Malaysia.